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Trending & News Yes. It gives govt short whiled budget boost but in long run too high inflation initiates always a recession. Recession is the death of economy, because our economy need steady growth to exist.
I don't think any person or group has that power alone but everyone is leaning into it to gain whatever profit can be gain from it. Like a snowboarders going on a heavy snowday.
Governments try to have about 1~2% Inflation rate on purpose.
Opinion
3Opinion
There's always an overall plan. The plan is to take your money and possessions away from you and pay you as little as they can.
Of course, you can't print fiat money and not expect inflation to be a direct result.
Burdensome Biden and His Minions. xxoo
on purpose how
Inflation has continued to increase since the day Biden took office. You lefty morons continue to pass the buck, and deny reality.
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